Description
Book SynopsisEstate planning has more procrastination, indecision, and inertia associated with it than any other area of planning. Affluent baby boomers, in particular, as the beneficiaries of the largest intergenerational transfer of wealth in history, have a daunting set of financial concerns with which to contend.
Table of ContentsTHE SEVEN PRINCIPLES OF VALUES-BASED ESTATE PLANNING.
Eternal Planning: Why Clients Are Trapped.
Eternal Planning: Why Advisors Are Trapped.
Principle #1: Understand the Hierarchy of Planning Objectives.
Principle #2: Master the Concept of Social Capital.
Principle #3: Define the Family Finanical Philosophy.
Principle #4: Quantify Financial Independence.
Principle #5: Identify an Appropriate Family Legacy.
Principle #6: Maximize the Social Capital Legacy.
Principle #7: Build a Virtual Planning Team.
THE LEGACY PLANNING SYSTEM: A METHODOLOGY FOR OVERCOMING PLANNING OBSTACLES.
The Legacy Planning System.
Wealth Optimization and Design.
The Legacy Interview.
The Legacy Questionnaire.
The Legacy Goal Profile: Financial Independence.
The Legacy Goal Profile: Family and Social Capital Legacy Goals.
The Legacy Blueprint.
Drafting the Family Financial Philosophy.
Completing the Legacy Positive Focus.
Plan Design, Construction, and Execution.
Summary and Conclusion.
Appendices.
Index.
